Real Estate

Why final walk through is important

Before you get the keys at closing, there’s one important step to take: the final walk-through. This is your chance to ensure everything is in the condition you expected and that there are no last-minute surprises. A lot can change in the weeks leading up to closing, so take the time to check: ✔️ Confirm agreed-upon repairs – Ask for invoices or photos to verify completed work.✔️ Test...

Real Estate Keynotes: Counteroffer

https://youtube.com/shorts/bwKHrsxL8-0?si=_qKb7pukd1bRfZ3I Real Estate Keynotes: Counteroffer A counteroffer happens when a seller responds to a buyer’s offer with different terms—such as a higher price, a different closing date, or adjusted contingencies. Instead of accepting the original offer, the seller proposes changes, and the buyer can choose to accept, reject, or make another...

Real Estate Keynotes: Contingency

https://youtube.com/shorts/F3rBxx0aHZg?si=9Xltt9crkLLICzLA Real Estate Keynotes: Contingency. A contingency is a condition that must be met for a home sale to go through. For example, a financing contingency indicates that a buyer’s loan needs to be fully approved for the sale to be finalized. If their loan isn’t approved and this condition is properly disclosed to all parties, the contingency...

Fun Facts About Seniors and Downsizing

Did you know? 📊 3.6 million Baby Boomers are expected to downsize by 2037. 📦 64% of retirees will move at least once during retirement. 🏠 51% of retirees aged 50+ have already moved into smaller homes. 📉 41% of retirees plan to downsize in their next move. 💡 Age 61 is when most retirees feel free to choose where they truly want to live. 📦 While downsizing brings many...

Most Home Buyers and Sellers Are Over Age 55

Older Buyers Are Driving the Real Estate Market! 🏡 The 2024 Profile of Home Buyers and Sellers from the National Association of REALTORS® revealed some record-breaking trends: 📊 53% of all home buyers were age 55 and over. 📈 The median age of home buyers rose to 56 years (up from 49 last year). 🔑 The typical repeat buyer age is now 61 (up from 58). 🏠 19% of buyers over 60...

Real Estate Keynotes: Rider

https://youtube.com/shorts/tvXdt-sghJY?si=gfmIVJY_zdlohOWj Real Estate Keynotes: Rider A rider is an addendum or attachment to a contract that adds specific terms or conditions. Riders allow you to customize the agreement to meet your needs while ensuring clarity for both the buyer and seller. For example, if you need to sell your current home before closing on the one you’re buying, you’d...

Why Seniors Downsize

Why do people over 55 decide to downsize? These are some of the most frequent reasons that prompt a new beginning in a smaller space: 💸 Saving money: Downsizing can cut costs on mortgages, utilities, and maintenance—ideal for fixed incomes. 🌍 Living the dream: Want to travel or live near the coast? A smaller home can free up funds for the lifestyle you’ve always wanted. 🧹 Simplifying...

Real Estate Keynotes: Sales Contract

https://youtube.com/shorts/nYz8X3g_FVM?si=VRawiXhckiUziIHK Real Estate Keynotes: Sales Contract A sales contract is the official agreement between the buyer and seller once an offer is accepted. It outlines all the terms of the transaction, including the purchase price, contingencies, closing date, and any other negotiated details. This document is legally binding, so it’s essential to review it...

Real Estate Keynotes: Offer

https://youtube.com/shorts/hea0VF28ye4?feature=share Real Estate Keynotes: Offer In real estate, an offer is a formal proposal you make to purchase a home. And it is not just about the price you're willing to pay. Along with the price, it outlines critical details like contingencies for inspections or financing, your proposed closing date, and other terms that can make your offer stand out. Once...

Aging in Place

I had an incredible opportunity to tour the training center at Assistance Home Care, designed specifically to help seniors live safely and comfortably at home for as long as they choose. The thoughtful details throughout the home amazed me—clearly marked labels, a stop sign at the door, interactive pet toys, and even carefully chosen colors. For example, black mats enhance depth perception, while a...

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